United Capital Financial Advisers has named Fargo, ND-based financial advisor Paul Jarvis as a managing director of the firm.

United Capital Financial Advisers has named Fargo, ND-based
financial advisor Paul Jarvis as a managing director of the firm.   

Jarvis joins with $160
million in assets under management from Bell State Bank & Trust, where he was a financial planner and
portfolio manager.

Meanwhile, United Capital has also hired Stacey Robinson as
a relationship manager for the Fargo
office. Robinson has some 20 years of experience in the financial services
industry.

The appointees have partnered with United Capital so they can continue to
work independently, but with access to the firm's financial planning and
wealth counseling services, as well as back-end office functions. They will,
for example, be able to use the firm’s Honest Conversations offering - an
interactive tool to help current and prospective advisors confidentially
determine what type of career opportunity within the industry is best for them.

United Capital Financial Partners, the parent company of
United Capital Financial Advisers, has approximately $9.3 billion in assets under
management and 47 offices in the US. In October, UCFP received $38 million in
growth capital, led by a $30 million investment from private investment firm
Sageview Capital.

The firm said it will invest
the new capital in marketing and branding, including the development of new
lead generation and service models, while continuing to recruit advisors and
making “targeted acquisitions” to expand its geographic footprint. A portion of
the funding will also provide liquidity to existing advisor partners, it added.